Comment by jdranczewski

Similarly, the claim that "Once all the data centres are built, AI spending is going to plummet" feels incongruous with "it's hard for me to see AI consumption not being 10x what it is now" and "Anthropics revenue has to grow to 250 billion a year to pay off debt". Scaling up seems like a constant need, especially in a market that values growth and hype about frontier models so much. (that said, the author raises things like P/E ratios that I had no awareness of, so I'm not claiming to be an expert)